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A payment instrument where the issuing bank guarantees payment to the seller on behalf of the buyer, provided the seller meets the specified terms and conditions.
Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.
Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.
Moderator: Louise Shaw, Partner, Energy & Infrastructure Corporate Finance, EY
10:40am – Break
11:00am – Keynote speech
11:15am – Panel: Accelerating a sustainable and digital trade revolution in trade, treasury, and payments
Clarine Stenfert, Global Trade Finance Head and Head UK, Multilateral Investment Guarantee Agency, World Bank Group
Rona Nisar, Deputy General Counsel, STX
Emmanuelle Ganne, Chief of Digital Trade and Frontier Technologies, World Trade Organisation
Moderator: Catherine Lang-Anderson, Editorial Board Member, Trade Finance Global (TFG) and Partner, A&O Shearman
11:55am – Keynote speech: – Anna Joubin-Bret, Secretary General, United Nations Commission on International Trade Law (UNCITRAL)
12:10am – Roundtable discussions
Greening the commodities chain and supporting the renewables transition – Kona Haque, Head of Research, ED&F Man
Outlook for digital trade at the WTO – Emmanuelle Ganne, Chief of Digital Trade and Frontier Technologies, World Trade Organization (WTO)
Frank conversations around the digitalisation of trade documents – Pamela Mar, Managing Director, ICC DSI and Editorial Board Member, Trade Finance Global (TFG) and Eleonore Treu, Director Trade Finance Week, ICC Austria
Shipping, commodities, and trading. How do we futureproof the industry for the next generation? – Clara Segret, Director, Commodity Thursdays
Launching initiatives that work: Public-private partnerships that drive trade and supply chain finance in emerging and developing markets – Shona Tatchell, Head of Trade Facilitation Programme, EBRD
1:00pm – Working lunch and networking/ extended roundtables
2:00pm – Roundtable discussions
Building resilient supply chains by strengthening the trade credit offering – Raja Al Mazrouei, Chief Executive Officer, Etihad Credit Insurance
Accelerating public-private partnership. Are we making trade, treasury, and payments accessible and open to all? – Makiko Toyoda, Head of Global Trade and Supply Chain Finance, IFC
Corporate treasury in 2030 – Eleanor Hill, Editorial Board Member, Trade Finance Global (TFG)
Payments track: How to approach DE&I for payments – Carleen Hadley, Executive Liaison Europe Council, BAFT
3:00pm – Closing session and networking drinks
4:00pm – Close
Partners
“Thanks to Trade Finance Global for inviting me to their Women in Trade, Treasury & Payments event, celebrating International Women’s Day. It was a fantastic day, meeting successful female leaders from diverse backgrounds, debating key topics to further enhance the representation of women in the industry and sharing best practices.”
– Jaya Vohra, Managing Director, Global Head of Trade & Working Capital Product and Client Management, Barclays
“The WITTP event was an inspiring convening of women in the industry, who so rarely get the chance to connect, learn from each other, and be celebrated. More events like these are crucial to building greater gender diversity and inclusion in trade overtime.”
– Katherine Tengtio, Manager, Gender and Diversity Finance, British International Investment